Deutsche Bank Analysts Give Bechtle (ETR:BC8) a €75.00 Price Target

Deutsche Bank set a €75.00 ($87.21) price target on Bechtle (ETR:BC8) in a research note issued to investors on Thursday, March 28th, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Several other analysts have also recently weighed in on the company. Independent Research set a €82.00 ($95.35) price objective on Bechtle and gave the stock a neutral rating in a report on Monday, March 18th. Baader Bank set a €92.00 ($106.98) price objective on Bechtle and gave the stock a buy rating in a report on Thursday, March 21st. Hauck & Aufhaeuser set a €63.00 ($73.26) price objective on Bechtle and gave the stock a sell rating in a report on Monday, March 18th. Warburg Research set a €100.00 ($116.28) price objective on Bechtle and gave the stock a buy rating in a report on Thursday, January 24th. Finally, Kepler Capital Markets set a €76.00 ($88.37) price objective on Bechtle and gave the stock a neutral rating in a report on Thursday, March 14th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company. The company currently has a consensus rating of Hold and a consensus target price of €83.50 ($97.09).

Shares of ETR:BC8 traded down €0.15 ($0.17) on Thursday, hitting €87.90 ($102.21). The stock had a trading volume of 52,453 shares, compared to its average volume of 54,276. The company has a debt-to-equity ratio of 44.56, a quick ratio of 1.55 and a current ratio of 2.01. Bechtle has a twelve month low of €62.05 ($72.15) and a twelve month high of €90.65 ($105.41). The company has a market capitalization of $3.69 billion and a PE ratio of 26.92.

Bechtle Company Profile

Bechtle AG provides information technology services primarily in Europe. The company operates in two segments, IT System House & Managed Services, and IT E-Commerce. The IT System House & Managed Services segment offers IT strategy consulting, hardware and software, project planning and implementation, system integration, maintenance and training, IT, cloud, and IT operation services.

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Analyst Recommendations for Bechtle (ETR:BC8)

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